NOT LISTED FOR SALE

20540 SW 92nd Place Cutler Bay, FL 33189

Estimated Value: $653,660 - $800,000

5 Beds
4 Baths
2,353 Sq Ft
$310/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $465,000 $198 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,799/month

111 Days on Market

Highlights

  • Corner Lot
  • Ceramic Tile Flooring
  • Central Heating
  • Cooling Available

About This Home

As of July 2021

Great location!!!! Income property 3/2 + 2/2Excellent investment opportunity

Last Agent to Sell the Property

Carolina Kaley

CENTURY 21 Tenace Realty License #589431 Listed on: 02/17/2021

CENTURY 21 Tenace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,082

Year Built

  • Built in 1978

Lot Details

  • 7,601 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 2,353 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • 2 Units
  • Saga View Subdivision

Listing and Financial Details

  • Assessor Parcel Number 36-60-09-015-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,082

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: CORNER OF OLD CUTLER AND 92 AVENUE
  • Year Built: 1978
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2353.0

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 36-60-09-015-0010
  • Lot Size Sq Ft: 7601.0
  • Zoning Description: 3001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5082.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jul 12, 2021
Sold by
Villate Adela G
Bought by
Salazar Ernesto Hernandez
Seller's Agent
Carolina Kaley
CENTURY 21 Tenace Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
Current Estimated Value
$730,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,415
Avg. Annual Appreciation
10.91%
Original Mortgage
$456,577
Outstanding Balance
$414,652
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$315,763

Purchase Details

Listed on
Feb 17, 2021
Closed on
May 11, 2021
Sold by
Varela Miguel A and Villate Adela A
Bought by
Villate Adela G and Villate Vanessa Varela
Seller's Agent
Carolina Kaley
CENTURY 21 Tenace Realty
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%

Purchase Details

Closed on
Nov 4, 2016
Sold by
Varela Migyel A and Villate Adela A
Bought by
Varela Miguel A and Villate Adela A

Purchase Details

Closed on
Sep 9, 2005
Sold by
Miller Bertrand C and Miller Monica V
Bought by
Varela Miguel A and Villate Adela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
5.84%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 15, 1998
Sold by
Julia J Joseph Tr
Bought by
Miller Bertrand C and Miller Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
7.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Salazar Ernesto Hernandez $465,000 New Place Title Inc
Villate Adela G -- Performance Title Inc
Varela Miguel A -- Attorney
Varela Miguel A $375,000 --
Miller Bertrand C $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Ernesto Hernandez $456,577
Previous Owner Varela Miguel A $227,500
Previous Owner Miller Bertrand C $136,800
Previous Owner Miller Bertrand C $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $465,000 -2.1% $198 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $475,000 -- $202 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,392 $499,160 -- --
2024 $10,402 $467,649 -- --
2023 $10,402 $438,634 $0 $0
2022 $9,835 $411,864 $158,560 $253,304
2021 $5,748 $244,568 $0 $0
2020 $5,082 $222,335 $75,505 $146,830
2019 $5,072 $223,489 $75,505 $147,984
2018 $4,692 $209,541 $60,404 $149,137
2017 $4,518 $195,675 $0 $0
2016 $4,248 $177,887 $0 $0
2015 $4,002 $161,716 $0 $0
2014 $3,814 $147,015 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10693155

BeachesMLS

APN: 36-6009-015-0010